The Conference of the Parties (COP), at its seventeenth session,
in decision 2/CP.17, decided to
undertake a work programme on long-term finance in 2012, including workshops, in order to make progress on
long-term finance in the context of decision 1/CP.16, paragraphs
97–101.

The aim of the work programme is to contribute to the on-going efforts to scale up the mobilization of
climate change finance after 2012. As such it will analyze options for the mobilization of resources from a
wide variety of sources, public and private, bilateral and multilateral, including alternative sources and
relevant analytical work on climate-related financing needs of developing countries. The analysis will draw
upon relevant reports including that of the High-level Advisory
Group on Climate Financing and the report on mobilizing climate finance
for the Group of Twenty and the assessment criteria in the reports, and will also take into account
lessons learned from fast-start finance.

The President of COP 17 was invited by the COP to appoint two Co-Chairs, one from a developing country
Party and one from a developed country Party. The secretariat was requested to assist the Co-Chairs in
supporting the workshops. Additionally, the Co-Chairs, supported by the secretariat, were requested to
prepare a report on the workshops for consideration by COP18.